2605 Marion DrKendallville, IN 46755

For Sale
$8,600,000 View listing
  • Warehouses
  • 179,160 SF

Property Details for 2605 Marion Dr

Year built
1988
Construction
TYPE NOT SPECIFIED
Lot size
15.27 AC
Property size (Sq ft)
179,160 SF
Property type
Warehouses
APN
57-07-35-200-013.000-020
APU
570735200013000020

Description

This exceptional Kendallville, IN industrial property offers 179,160 square feet of manufacturing and warehouse space on two parcels totaling 24.19 acres. The building, constructed in 1988 and renovated in 1992, features a two-story design with impressive ceiling heights ranging from 17 to 27 feet. The property includes six loading docks, three drive-ins, and 288 parking spaces. It boasts substantial power (1,600, 1,200, & 2,000 amp service), ESFR/AFFF sprinkler systems, compressed air, and full air conditioning. A significant 13,800 square foot office area with break room and restrooms, plus a 20,000 square foot mezzanine, adds to its functionality. The property is zoned IR and is offered for sale at $8,600,000 ($48.00/sf) or lease at $4.50 NNN. This prime location in Noble County presents a rare opportunity for businesses seeking a well-equipped, expansive industrial facility. The APN is 57-07-35-200-013-001.020 57-07-35-200-012-000.019.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $38,569,636
    Hospitality
    $35,329,580
    Educational
    $29,393,796
    Medical
    $30,404,694
    Retail
    $45,723,684
2605 Marion Dr, Kendallville, Indiana

Location Insight

City
Kendallville
County
Noble
State
Indiana
Latitude
41.4419
Longitude
-85.2192
CBSA code
28340
CBSA name
KENDALLVILLE, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$82,867
$555,400
$2,694,900
$3,250,300
-
$555,400
$2,694,900
$3,250,300

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